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Name of company
SMOLAREK, ROGALA, CABAN - ADWOKACI I RADCOWIE PRAWNI
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Department head or senior representative in Poland, real estate
Łukasz Caban - Attorney at Law, Partner
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Department head or senior representative profile
Łukasz Caban specializes in real estate law and he's been involved in the lease of over 1,500,000 sqm of commercial premises, including one of the biggest office leases in Poland in 2018 and 2019, as well as legal advice on hundreds of other projects, e.g. a precedent liquidation of agricultural and forest property investment funds, which earned SRC nominations for "Law Firm of the Year" in the Eurobuild Awards, CEE Investment Awards and a place in the 2024 LEGAL 500 ranking.
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Team description including the major achievements
SRC was founded in 2005, hires 17 people, mostly attorneys, and specializes in real estate advisory, assisting Clients in purchase, lease, construction and litigation on the office, retail, hotel, agricultural and industrial real estate market. SRC provided legal assistance in numerous transactions of real estate purchase, such as:
• purchase of 4 (four) office buildings of combined 120,000 (one hundred twenty thousand) square meters GLA by one Client in the years 2015 - 2017, one of which was the largest office building purchase transaction in Poland in 2016 (Konstruktorska Business Center), as well as advice in regards to financing the transaction • acquisition of plots of land for shopping center construction by Ingka Holding • sale and purchase of 6 (six) industrial parks for a foreign investment fund • purchase of over 4,000 (four thousand) hectares of land from multiple owners for an agricultural project • acquisition of over 300 hectares of land for nearly 100 solar energy and wind park projects in different parts of Poland, including share purchase agreements as well as land purchase agreements The firm also has a track record of advisory for landlords and tenants in the lease transactions amounting to over 1.5 million square meters of commercial premises, including: • advisory to the landlord, Golden Star Estate, in one of the biggest lease transactions in the office market in Poland in 2022 (14,000 square meters for Lionbridge in Konstruktorska Business Center in Warsaw) • advisory to the landlord, Cromwell Property Group, in one of the biggest lease transactions in the office market in Poland in 2019 (nearly 10,000 square meters for Pekao S.A. in Wiśniowy Business Park in Warsaw) • advisory to the landlord, Cromwell Property Group, in one of the biggest lease transactions in the office market in Poland in 2018 (12,000 square meters for Ringier Axell Springer Polska on Domaniewska 49 in Warsaw) • introduction to the Polish market of a fitness operator and a tenant of over 45,000 (forty five thousand) square meters of retail area • day-to-day legal assistance for over 20 (twenty) commercial real estate buildings in Poland SRC also provides complex legal services for construction in commercial real estate market, i.a. construction and reconstruction of shopping centers, hotel buildings and fit-out works in office and retail premises, as well as full litigation assistance, including successful Supreme Court case that concluded in a precedent and often-quoted ruling that a land lease contract provision enabling the lessee to prolong the agreement over the period of 30 years in null and void. SRC also assists Clients in less conventional real estate market projects, such as: • long term lease agreements of land for factory and mining purposes • liquidation of an investment fund investing in agricultural and forest property in the name of a foreign depositary bank • purchase of property from Agricultural Property Agency and Special Economic Zone for the purpose of greenfield investment by an investor from the UK • negotiation of hotel management agreements with Marriott for one of the biggest hotels of this chain in Poland and Czech Republic • purchase of 8 companies owning in total 20 photovoltaic farms with a total capacity of approximately 20 MW |
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Key current clients
Ingka Holding
Cromwell Property Group Golden Star Estate LIM Center Hines International Real Estate Holdings Bregentved Estate Nordic Solar Energy Raiffeisen Bank International AG (Spółka Akcyjna) Oddział w Polsce Legend Hotels Mountain Warehouse Vision Express LUSH Fresh Handmade Cosmetics |
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Participation in property sales and acquisitions between July 2023 and June 2024
• assistance to a foreign investor in purchase of 8 companies owning in total 20 photovoltaic farms with a total capacity of approximately 20 MW
• assistance to a foreign investment fund in sales of combined 950 ha of agricultural property and 368 ha of forest property • advising the seller in the sale of shares in a company owning a mining land with the area of nearly 170.00 ha • assistance to a client in sales transaction of a land property of app. 33 hectares in Częstochowa under a new industrial real estate investment • assistance to a client in sales transaction of a land property of app. 17 hectares in Zabrze under a new industrial real estate investment • assistance to a client in sales transaction of a land property of app. 18 hectares in Opole under a new industrial real estate investment • assistance to a client in purchase transaction of a land property of app. 1.00 hectare near Warsaw under a new car dealership investment |
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Total value of the transactions on which your company advised between July 2023 and June 2024 (in EUR)
EUR 150,000,000.00
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Please say why the compamy should be considered for the award
SRC is proud to present other noteworthy achievements from the last 12 months:
• assistance to landlords in successful lease agreement extensions of 7,000.00 sqm of office space in Kraków for a major foreign bank and app. 5,100.00 sqm of office space in Warsaw • successful representation of a foreign investor, the owner of one of the most recognizable skyscrapers in Warsaw, before the Supreme Administrative Court in a decree-based case brought by the heirs of the former owners of the land • successful representation of a client, one of the world’s leading food companies, before the Supreme Administrative Court in a precedent case concerning a tax interpretation on classification of WEMA grating platforms as building storeys and their taxation with property tax • successful representation of the investor in a case regarding one of the largest office fit-out projects in Poland, resulting from claims brought by the general contractor and 14 subcontractors |
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Company website
www.srclaw.pl
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